Why are mortgage rates rising when they should be falling?

Why are mortgage rates rising when they should be falling?

The chart above is very surprising.  When the market is predicting a slowdown or a recession, gold typically rises and treasuries also rise, typically in tandem.  The exact opposite is happening now as bond prices are falling and yields are rapidly increasing in the...
Marry, the house, date the rate, ready for a shotgun wedding

Marry, the house, date the rate, ready for a shotgun wedding

  In almost every real estate advertisement I receive, there is a common theme that prospective buyers should not focus on the rate as they will be able to refinance relatively soon at a much lower rate.  How true is this theory?  (hint anyone who bought into...
Closings surge in Q1 what does this mean for the rest of the market

Closings surge in Q1 what does this mean for the rest of the market

Look at the graph above, what has caused my closing to surge in 2025 while overall real estate closing volumes have plummeted?  What does this mean for real estate?  Don’t get me wrong, I like to think the surge in closings is because I’m an amazing lender and a great...
The largest buyer of mortgages predicts big changes to house prices

The largest buyer of mortgages predicts big changes to house prices

  Fannie Mae, one of the largest buyers of residential mortgages has some profound predictions.  Will house prices continue their upward trend through 2030? How accurate are the predictions below?  How can house prices continue in such a linear fashion?  Will...
Is inflation now driving housing prices higher?

Is inflation now driving housing prices higher?

The conventional wisdom is that inflation causes higher interest rates which in turn causes lower housing prices.  We are now seeing an interesting phenomenon where housing prices continue to stay high and in some markets head even higher with interest rates double...
Fed cuts rates half percentage, Why did mortgage rates rise?

Fed cuts rates half percentage, Why did mortgage rates rise?

The market was anticipating a much smaller cut by the federal reserve as inflation is still high and employment and spending is holding up.  The odds were about 75% for a smaller cut, but the federal reserve definitely surprised with a much larger cut of half a...